1-bedroom flat · NP19 0LY
Let agreedListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Zero Deposit Guarantee Available ** Available to rent is this BEAUTIFUL CITY CENTRE apartment located in Old Arts College, Newport.
The property is presented to a high standard throughout and can be offered UNFURNISHED.
The property consists of entrance hallway leading to large open plan living area compromising of living/dining room and kitchen with integrated cooked & hob, washing machine and fridge with freezer compartment.
The property also has a modern bathroom suite with shower over bath and one double bedroom with integrated storage.
To qualify for this property you must be able to provide evidence of a minimum household income of ?24,000. NO SMOKING, CASH DEPOSIT £1000, HOLDING DEPOSIT £206, COUNCIL TAX BAND B.
The Zero Deposit Guarantee allows you to rent a property by paying a fee which the equivalent of one week's rent In addition to an administration fee of £59 which will need to be paid prior to the tenancy commencing.
The Zero deposit if opted for will replace the requirement to pay a traditional deposit, subject to successful referencing.
When you move out of the property, the usual inventory and check-out will take place and, as long as there is no damage or rent/bills outstanding, the Guarantee expires and you walk away.
If the landlord does claim for reimbursement, rather than this being taken out of a prepaid deposit in the traditional system, you simply pay the amount required to the landlord.
Any dispute between yourself and the landlord on this amount will be decided by the Tenancy Deposit Scheme. Council Tax Band: B Holding Deposit: £206.00
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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